Are you planning to purchase residential land? It is indeed a good decision as your own residential land can prove to be long term investment for years to come. Do not get swayed by the misleading ‘residential land for sale’ hoardings and print adverts. Here are some tips that will help you in your endeavour.
Factors to Consider while buying residential land for sale
Consider your requirements
This is the first factor to consider while buying residential land. Your first question should be – what are we buying this land for? You should ensure that the land meets your requirements aptly. Consult your family members and friends and get their views on the residential land to be bought. You can begin your search on the basis of their preferences.
Basic Requirements
You will have to consider certain basic requirements while purchasing a residential land. Some of the basic essentials or components which should be considered include clean air, electricity, trash removal and sewage disposal.
Clean Air – This is a pre-requisite while searching for residential land. Clean air can be described as dust-free roads. Moreover, clean air means that the surrounding air is smog free and free from foul smells. Similarly, the environment should be serene. Avoid selecting land near a factory or industry.
Water – Water availability is an important factor to consider while looking out for a residential land. Water should ideally be clean and up to acceptable standards for washing, drinking and bathing purposes. You can also shortlist a plot that is situated near a water body such as a lake or pond.
Electricity – Factors such as the distance of the closest power plant and gas and oil suppliers should be considered well in advance. This is essential to avoid problems at a later stage. Similarly, avoid selecting a residential land that does not have proper access to a sewage disposal or septic system.